The UK government has announced new reforms aimed at addressing the perceived injustices in the leasehold system. These reforms include limiting ground rents on new leases to zero and making it easier for leaseholders to buy the freehold of their property. The changes are designed to give leaseholders more control over their homes and protect them from unfair practices by developers and freeholders.
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Can Costco Wholesale Be a Safe Haven Stock to Hold Amid Market Volatility?
The stock market is struggling, particularly the retail sector, with the SPDR S&P Retail ETF down over 14% this year, while Costco Wholesale (COST) has seen a 6% increase. Costco's strong business model and ability to negotiate low prices make it resilient amid tariff impacts, although its stock is now trading at a high price-to-earnings ratio of over 56, well above its five-year average. Despite Costco's solid fundamentals, concerns about its valuation and potential recession...
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